Hedge Funds Weather February Storm

Mar 17 2008 | 12:27pm ET

Hedge funds rebounded last month as the Credit Suisse/Tremont Hedge Fund Index gained 1.61% in February with most hedge funds strategies reporting positive performance.

Six out of 10 hedge fund sectors were in positive territory last month with global macro and managed futures funds leading the way gaining 4.11% and 6.61%, respectively.

On the downside, convertible arbitrage and dedicated short traders lost 1.29% and 0.89%, respectively.

“Although February showed marked improvement from January, global markets continued to fall amidst rising inflationary pressures and slowing economic growth,” said Oliver Schupp, president of Credit Suisse Index Co.

“The S&P 500 Total Return Index fell -3.25% compared to -6.00% for January, while the MSCI Emerging Markets Index returned 9.49% for February. Although the federal funds rate did not change, economic indicators suggested that continued turbulence in the market remains.”


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note